SmartBid is a web based auction management application that supports both forward and reverse auctions which may be open or closed. SmartBid is a collaborative application that can eliminate paper RFQ's and bid responses. Selected suppliers are automatically notified of an auction by email. Each supplier can use a web browser to submit their bid online which then flow automatically into your system. With an online auction, you can reduce costs, streamline supplier interactions and compress negotiation cycles when purchasing capital equipment, materials and services from vendors around the world. SmartSpend is proven to increase cost savings, lessen purchase cycle times and improve operational and financial efficiencies..
Enaviya enables your purchasing team to easily create a new auction without any IT assistance, email the RFQ to selected suppliers, monitor the progress of all auctions in real time, electronically notify all bidders of the final selection and review the history of past auctions. Even after an auction has started, your staff can disqualify suppliers, extend the end time or cancel an auction. Included in this application are a range of innovative features which simplifies the management of on line auctions, making procurement easier and substantially quicker, saving you money.
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